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Lunate to debut region’s first thematic ETF on ADX this month
The ETF will track 25 global quantum computing firms including Microsoft, Nvidia, IBM, Alphabet and Amazon
Eshraq taps acting CEO and Al Futtaim’s EV arm appoints MD
Eshraq’s CEO steps down: ADX-listed private equity firm Eshraq appointed former chief strategy officer Tanvir Haque (LinkedIn) as acting CEO…
Abu Dhabi sees biggest earnings growth in the region in 2Q, while earnings in Dubai were down
Abu Dhabi-listed companies' net income rose 18.3% y-o-y, while Dubai-listed firms’ fell 5.7% during the quarter
THIS MORNING: New trade bloc on the horizon? + Fuel prices up in September
Plus: UAE presides over an Arab League Council session in Cairo today
2PointZero’s strategic-investment SPV Sagasse will start trading on the ADX today
The company set a reference price of AED 7.50 for its direct listing
THIS MORNING: UAE and Philippines’ trade agreement to be inked within weeks + Warburg Pincus secures Dubai license
Plus: McLaren to auction off three racecars for the first time in Abu Dhabi later this year
DP World expands Jebel Ali’s auto yard + Egypt’s Thndr now allows retail trading for ADX
ALSO- Arada awarded an AED 618 mn contract to its Anantara Sharjah project
DFM extends rally in July, outperforming regional peers
The MSCI GCC Index gained 2.2% during the month
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